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Dai to Algerian Dinar Converter and calculator

Convert 1Dai (DAI) to Algerian Dinar (DZD) equals د.ج 134.63 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Dai(DAI) to Algerian Dinar(DZD). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 134.63 DZD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

DZD information

About Algerian Dinar (DZD)

The Algerian Dinar (DZD), the official currency of Algeria, embodies the country's rich history, cultural heritage, and economic aspirations. It is commonly abbreviated as DZD and represented by the symbol د.ج. Introduced in 1964, two years after Algeria's independence from France, the Dinar is more than just a medium of exchange. It represents Algerias journey through post-colonial recovery, socialist policies, and gradual economic liberalization.

Historical Background

The transition to the Algerian Dinar from the Algerian Franc symbolized a significant break from the colonial past and a step towards economic sovereignty. This change was part of a broader movement to assert national identity and foster economic independence in the newly liberated nation.

Design and Symbolism

The design of the Algerian Dinar reflects the country’s historical and cultural legacy. Banknotes and coins feature prominent figures from Algeria’s past, including ancient heroes and modern leaders. They also showcase landmarks, like the Maqam Echahid monument, and natural wonders, symbolizing Algeria's diverse landscapes from the Mediterranean coast to the Sahara desert. These elements are not just decorative; they are powerful symbols of Algeria’s identity and pride.

Economic Role

The Dinar is central to Algeria’s economy, characterized by its significant oil and gas reserves. The currency facilitates trade in these key sectors, as well as in agriculture, manufacturing, and services. The value and stability of the Dinar are crucial for economic growth, affecting everything from government revenue to the cost of imports.

Monetary Policy and Inflation

Managed by the Bank of Algeria, the country’s central bank, the Dinar’s value is influenced by monetary policies, global oil prices, and foreign exchange reserves. The bank faces the challenge of controlling inflation while maintaining sufficient foreign exchange reserves, critical in an economy heavily reliant on hydrocarbon exports.

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Bitget crypto-to-fiat exchange data shows that the most popular Dai currency pair is the DAI to DZD, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for DZD.

DAI to DZD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed -0.03% to DZD. Based on the trend and price charts, Dai(DAI) has changed -0.03% to DZD while Algerian Dinar(DZD) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ج134.55
0.0001% / 0.0004%vip-iconVIP
Kraken
د.ج134.52
0.1000% / 0.1000%
Yes
OKX
د.ج134.69
0.080% / 0.100%
Yes
Huobi
د.ج134.86
0.1000% / 0.1000%
Yes
Gate.io
د.ج134.46
0.1000% / 0.1000%
Yes
Bybit
د.ج134.53
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 12:00:29(UTC+0)

What factors influence the conversion rate of Dai to Algerian Dinar?

Dai to Algerian Dinar is rising this week.
Dai's current market price is د.ج 134.63 per DAI, with a total market cap of د.ج 719,983,917,570.65 DZD based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by +21.97% (د.ج 23,767,340,168.32 DZD) in the last 24 hours. Last trading day, DAI's trading volume was د.ج 108,163,652,437.35.
Market cap
$5.35B
24h volume
$980.22M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is decreasing.
1 DAI is currently valued at د.ج 134.63 DZD , which means buying 5 DAI will cost د.ج 673.15 DZD . Similarly, د.ج1 DZD can be traded for 0.007428 DAI, and د.ج50 DZD can be converted to 0.3714 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Algerian Dinar has changed by +0.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.03%, reaching a high of 134.68 DZD and a low of 134.58 DZD . One month ago, the value of 1 DAI was د.ج 134.69 DZD , which represents a -0.04% change from its current value. Over the last year, Dai has changed by
+د.ج
0.04886DZD
, resulting in a change of +0.04% in its value.

DAI to DZD

Amount
12:51 today
0.5 DAI
د.ج67.31
1 DAI
د.ج134.63
5 DAI
د.ج673.15
10 DAI
د.ج1,346.3
50 DAI
د.ج6,731.48
100 DAI
د.ج13,462.96
500 DAI
د.ج67,314.78
1000 DAI
د.ج134,629.57

DZD to DAI

Amount12:51 today
0.5DZD0.003714  DAI
1DZD0.007428  DAI
5DZD0.03714  DAI
10DZD0.07428  DAI
50DZD0.3714  DAI
100DZD0.7428  DAI
500DZD3.71  DAI
1000DZD7.43  DAI
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Today vs. 24 hours ago

Amount12:51 today24 hours ago24h change
0.5 DAI$0.5001$0.5003
-0.03%
1 DAI$1$1
-0.03%
5 DAI$5$5
-0.03%
10 DAI$10$10.01
-0.03%
50 DAI$50.01$50.03
-0.03%
100 DAI$100.03$100.06
-0.03%
500 DAI$500.14$500.3
-0.03%
1000 DAI$1,000.27$1,000.61
-0.03%

Today vs. 1 month ago

Amount12:51 today1 month ago1M change
0.5 DAI$0.5001$0.5003
-0.04%
1 DAI$1$1
-0.04%
5 DAI$5$5
-0.04%
10 DAI$10$10.01
-0.04%
50 DAI$50.01$50.03
-0.04%
100 DAI$100.03$100.07
-0.04%
500 DAI$500.14$500.34
-0.04%
1000 DAI$1,000.27$1,000.69
-0.04%

Today vs. 1 year ago

Amount12:51 today1 year ago1Y change
0.5 DAI$0.5001$0.5000
+0.04%
1 DAI$1$0.9999
+0.04%
5 DAI$5$5
+0.04%
10 DAI$10$10
+0.04%
50 DAI$50.01$50
+0.04%
100 DAI$100.03$99.99
+0.04%
500 DAI$500.14$499.95
+0.04%
1000 DAI$1,000.27$999.91
+0.04%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.